Home / FxPro vs IC Markets
FxPro vs IC Markets
Entity, costs, platforms, scalping fit. No fake stars. August 2026.
FxPro vs IC Markets is a cost-and-entity comparison for active CFD traders, not a personality contest. For Hong Kong readers, confirm each broker's onboarding entity and live symbol costs. FxPro Hong Kong Partners with FxPro; that bias is disclosed.
FxPro
- Group licences: FCA/CySEC/DFSA/FSCA/SCB among them
- MT4, MT5, cTrader, FxPro app
- Standard and Raw+ cost shapes
- Scalping allowed per published Gen-Info conditions (verify live)
- Not SFC-licensed (this desk's HK stance)
IC Markets
- International multi-entity CFD broker known for raw pricing
- Strong MT / cTrader reputation among EAs
- Also not an SFC local licence story on this page
- Compare live commission tables yourself
- Onboarding entity still decides leverage
Decision rubric
| Question | What to check |
|---|---|
| Entity | Agreement PDF, regulator, leverage cap |
| All-in cost | Spread + commission on your pairs at your session |
| Platform | Where your EAs and templates already live |
| Funding | Methods actually listed for HK residents |
| Exit | Withdrawal tested with a small out |
Also compare FxPro vs XM. Cost and policy pages: spreads, scalping, legal.
A fair side-by-side workflow
Open both demos if you can. Trade the same three symbols for a week of clock time you actually have. Log spread at entry, commission if any, and slippage on stops. Ignore which brand has louder YouTube ads. The spreadsheet decides.
Then read each client agreement for the entity you would actually join. Leverage caps, negative balance wording, and complaint emails matter more than homepage hero copy. FxPro Hong Kong Partners FxPro, so if the spreadsheet says IC Markets wins for your pairs, take that result seriously and do not force a Partner click.
Hong Kong funding and exit
Both brokers can look fine until the first withdrawal. Fund a small amount, trade micro size, withdraw a slice, then decide. That sequence surfaces KYC friction early. Details for the FxPro path sit on withdrawal and deposits.
Who should not compare these two
If you need SFC-licensed local leveraged forex, neither brand solves that problem on this desk. Stop the comparison and use the SFC register. If you only buy cash equities on HKEX through a licensed broker, you may not need a CFD account at all.
Licence honesty for Hong Kong readers
Neither comparison on this page invents an SFC licence for FxPro. IC Markets has its own multi-entity structure; confirm what you sign. Hong Kong searchers often want a local licence story. If that is your constraint, use the SFC register and licensed intermediaries. If you are evaluating international CFD brands anyway, compare entity documents side by side.
FxPro group footprint commonly cited: FCA, CySEC, DFSA, FSCA, SCB (SIA-F184). Your account follows the printed company. Legal hub: legal Hong Kong.
Execution and platforms
IC Markets is heavily associated with MetaTrader raw accounts among active traders. FxPro differentiates with native cTrader alongside MT4/MT5 on many paths. Pick the UI you will click correctly under stress. Demo both if needed. Platforms: platforms. Scalping notes: scalping.
Cost measurement: same symbol, same session, same ticket size, include commission. Spreads: spreads. Do not invent HKD base currency on FxPro. Funding psychology: deposits.
Decision checklist
- Entity name on each agreement.
- Whether you require an SFC-licensed intermediary (FxPro: not claimed here).
- Platforms required.
- Measured round-turn costs.
- Deposit and withdrawal methods actually shown.
Partner CTA for FxPro: Open FxPro. Also read vs XM. August 2026.
Shared CFD realities
Both brands sell leveraged CFDs. Leverage multiplies losses. 75%+ of retail investor accounts lose money trading CFDs. Past performance is not a reliable indicator of future results. Demo before size. FxPro path: demo, open account, registration link.
August 2026 confirmation
FxPro is not SFC-licensed here. Confirm entities on both agreements. No invented HKD rails. Partner: Open FxPro.
Ready to open an FxPro account?
Confirm entity, leverage, and funding methods in FxPro Direct before you send money.
FAQ
FxPro or IC Markets for Hong Kong?
Compare entity, all-in costs on your symbols, and platform fit. Both are international CFD brokers; neither is sold here as SFC-licensed local securities firms.
Which is better for scalping?
Both attract active traders. Check live spreads, commission, and each broker's trading conditions for your entity.
Which has more platforms?
FxPro commonly markets MT4/MT5/cTrader/app. IC Markets also centres on MT and cTrader stacks. Verify what your account gets.
Do you rate them with stars?
No star-rating schema schema on FxPro Hong Kong.